Newflow or anyone, This is the question I was asked. Can you add any thoughts? Thanks.
LEHNQ , LEHKQ, LEHLQ, LHHMQ
Sent to: vitellom on: March 13, 2024, 12:34:21 PM You have forwarded or responded to this message.
Hi MIKE,
I need a confirmation from you regarding a suspicion I have
At your SCHWAB account if you don't have any stocks generating interest in your portfolio please multiply your Lehman capital trust holdings number of shares by $21/share and calculate their interest at 7.15% rate and then compare it what you see at your estimated Investment Income Tap
In order to see your estimated investment income tap at SCHWAP you need to click accounts/investment income and make sure to click next 12 months tap (there are 3 sub taps 2023, 2024 and next 12 months)
I don't want to know how much you have but I want you to confirm me or deny the value you see at your interest income if it match the calculation I asked you to do based on 21/share and 7.15% interest rate
If you see a value closer to what I suggested still confirms my suspicion because interest rate varies between the 4 Lehman capital trusts
Here is an example can be used at calculation
Hypothetically if you have capital trust total of 10,000 shares x21 =$210,000
Interest for one year = 210,000 x 7.15% = $14910
If you have other stocks or bonds generate interest still you can figure out Lehman Capital stocks interest by excluding the other stocks interest from the total interest to reach Lehman stock
I see in my account an estimated interest income match the calculation above but I need to see if other Lehman holders do have the same value
i hope you confirm that my suspicion is correct in order to see the light at the end of the tunnel otherwise we disregard it and move on
Take care
Tom
